The estimated Net Worth of David L Phillips is at least $2.33 Millón dollars as of 7 July 2021. Mr. Phillips owns over 120,000 units of Vertex Inc stock worth over $67,650 and over the last 11 years he sold VTNR stock worth over $2,260,391. In addition, he makes $0 as Independent Director at Vertex Inc.
David has made over 11 trades of the Vertex Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 132,828 units of VTNR stock worth $2,141,187 on 2 June 2022.
The largest trade he's ever made was selling 132,828 units of Vertex Inc stock on 2 June 2022 worth over $2,141,187. On average, David trades about 25,106 units every 212 days since 2013. As of 7 July 2021 he still owns at least 205,000 units of Vertex Inc stock.
You can see the complete history of Mr. Phillips stock trades at the bottom of the page.
David L. Phillips is an Independent Director of Vertex Energy, Inc. Mr. Phillips is currently the Managing Partner of Bilateral Initiatives LLP, an international business-to-business consulting firm specializing in providing key strategic expansion and corporate growth advice to the chairman and chief executive level members of various firms. Mr. Phillips is also Managing Partner of Phillips International Law Group PLLC, a worldwide recognized international law firm specializing in mergers, acquisitions, project development and EPC construction work with a focus on the international energy landscape in the oil, gas, chemical and power downstream sector and the alternative energy industry. Mr. Phillips’ clients include worldwide energy companies, including several Middle East National Oil Companies. Prior to his founding of Bilateral Initiatives LLP and the Phillips International Law Group, Mr. Phillips was a partner at the law firm of Jackson Walker LLP from May 2002 until May 2008 and chaired several of the firm’s practice areas over that period. Prior to working at Jackson Walker LLP, from May 1995 to May 2002, Mr. Phillips served as a chief executive officer in the former KeySpan Energy Corporation, a $14 billion public energy conglomerate based in New York City, and as a member of the board of directors of certain KeySpan subsidiaries. From June 1991 to May 1995, Mr. Phillips served as chief executive officer in Equitable Resources, Inc. (“Equitable”), a $6 billion public gas utility holding company based in Pittsburgh, Pennsylvania, and as a member of the board of directors of certain of Equitable’s subsidiaries. Mr. Phillips also served as the General Counsel to Eastex Energy Inc., a public midstream energy company, from June 1985 to May 1991, which was later acquired by El Paso Energy and ultimately Enterprise Products LP.
David Phillips is 58, he's been the Independent Director of Vertex Inc since 2008. There are 5 older and 8 younger executives at Vertex Inc. The oldest executive at Vertex Energy Inc is David Peel, 71, who is the Corp. Advisor.
David's mailing address filed with the SEC is 1331 GEMINI STREET, SUITE 250, , HOUSTON, TX, 77058.
Over the last 12 years, insiders at Vertex Inc have traded over $14,028,987 worth of Vertex Inc stock and bought 557,853 units worth $1,676,188 . The most active insiders traders include Benjamin P Cowart, John Noel Strickland y Christopher Allen Stratton. On average, Vertex Inc executives and independent directors trade stock every 62 days with the average trade being worth of $21,335. The most recent stock trade was executed by Odeh Khoury on 10 April 2024, trading 2,250 units of VTNR stock currently worth $2,610.
vertex energy is a leader in the aggregation, recycling and processing of distressed hydrocarbon streams thereby reducing the united states' reliance on foreign crude oil. our focus, as a participant in the alternative energy and environmentally friendly investment sectors, is on creating increased value in the products we manage and produce through a variety of strategies and technologies that facilitate the re-refining of used oil and off specification commercial chemical products into higher value commodities. by creating higher value products from distressed hydrocarbon streams, we are positioned to produce both financial and environmental benefits. vertex energy is based in houston, texas with offices in georgia and california. our company provides services across the united states enabling the transporting, processing and re-refining of these distressed hydrocarbon based streams into viable commodity products that offset the united states' dependency on foreign crude oil in a s
Vertex Inc executives and other stock owners filed with the SEC include: